S 3927 · 93th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to reduce the required charitable distributions of private foundations.

Introduced 1974-08-20· Sponsored by Sen. Curtis, Carl T. [R-NE]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1974-08-20)

Plain Language Summary

[AI summary unavailable — showing source text] Reduces the minimum investment return for private foundations before taxes under the Internal Revenue Code will be imposed on such foundations for failure to distribute income.…

Summarized by Claude AI · Non-partisan · For informational purposes only